Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Deere (DE), Construction Partners (ROAD) and EnLink Midstream (ENLC).
Deere (DE)
In a report released today, Ross Gilardi from Merrill Lynch maintained a Buy rating on Deere, with a price target of $285.00. The company’s shares closed last Monday at $258.86, close to its 52-week high of $265.87.
According to TipRanks.com, Gilardi is a 1-star analyst with an average return of -0.5% and a 50.4% success rate. Gilardi covers the Industrial Goods sector, focusing on stocks such as Illinois Tool Works, Generac Holdings, and Timken Company.
Deere has an analyst consensus of Moderate Buy, with a price target consensus of $233.19.
See today’s analyst top recommended stocks >>
Construction Partners (ROAD)
In a report released today, Michael Feniger from Merrill Lynch maintained a Buy rating on Construction Partners, with a price target of $26.00. The company’s shares closed last Monday at $26.41.
Feniger has an average return of 29.8% when recommending Construction Partners.
According to TipRanks.com, Feniger is ranked #1200 out of 7087 analysts.
Currently, the analyst consensus on Construction Partners is a Strong Buy with an average price target of $22.33.
EnLink Midstream (ENLC)
In a report released today, Spiro M. Dounis from Credit Suisse maintained a Sell rating on EnLink Midstream, with a price target of $2.50. The company’s shares closed last Monday at $3.17.
According to TipRanks.com, Dounis has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.0% and a 44.8% success rate. Dounis covers the Industrial Goods sector, focusing on stocks such as Holly Energy Partners, New Fortress Energy, and Equitrans Midstream.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for EnLink Midstream with a $2.88 average price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
